Deadline: 30 November 2018
JPMorgan Chase & Co. (“JPMC”) has launched the AdvancingCities Challenge 2018 (the “Challenge”) to provide local leaders with resources to improve the economic trajectory of their communities.
The Challenge has three primary goals:
- Accelerate the progress of cities with a comprehensive understanding of the biggest challenges facing their communities;
- Drive collaboration between public, private, and not-for-profit actors to advance big ideas that tackle persistent challenges to inclusive growth;
- Surface innovation solutions to address these persistent challenges, particularly those that underlie persistent racial and economic inequities.
Funding Information
Successful applicants will be eligible for a three-year grant of up to $3 million. All grants will be allocated over a three-year period, and expect to award 4-6 grants annually.
Eligibility Criteria
- The Challenge is open only to Applicants who are:
- Organizations that (i) are incorporated or organized in the United States or its territories, (ii) have been duly organized and validly exist, and (iii) maintain a primary place of business in the United States.
- Organizations that are not-for-profit organization exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), and classified as a public charity under Code Sections 509(a)(1) or 509(a)(2).
- Applicants must meet the following criteria:
- Lead organization will demonstrate expertise in the community, and oversight that corresponds with the intended geography and systems;
- Strong organizational leadership and management;
- Commitment to diversity and inclusion for the project, and within the organization, particularly at senior staff and board level;
- Strong preference for projects that overlap with JPMC’s geographic business footprint and resources;
- Activities must be geographically focused on a single city, town, or region;
- Engagement of a multi-sector coalition of actors (government, nonprofit, business, community, foundation, etc.) to design and implement the initiative;
- Ability to achieve all deliverables within a three-year time frame;
- Lead organization must be available for meetings on progress every 3 months.
How to Apply
Applicants can apply via given website.
For more information, please visit AdvancingCities Challenge 2018.